Officebuilding Filter

Interview

According to Ms. Nikoletta Ispanki, Country Manager of IWG Hungary (known for brands like Regus and Spaces), as the office market is moving forward, they are looking ahead; expanding, thinking about the rural areas, and franchising-based expansion.

With co-working experiences booming around the globe, workspaces are becoming much more than four walls and a table. Spaceflow, a Czech startup, challenges our imagination and creativity to reshape how we think of Real Estate. Are we ready for it?

Mr. David M. Johnston MRICS, Senior Director, Head of Advisory and Transaction Services at CBRE Hungary says that market is enjoying one its strongest spells ever. What are the consequences? Rents are increasing and incentives are shortening. We also discussed changing occupiers’ needs and why the 76th place on Mercer’s Quality of Living list is a good one.

Mr. Hubert Abt managing director of New Work Offices zrt says that Budapest remains the most important market for now, but Poland will take over this role by the end of the year. We also discussed rising fees, tenants’ needs and why good design can not be calculated by ROI.

According to Viktor Nagy, country manager of IMMOFINANZ Hungary, the office market is not growing indefinitely, but with a sophisticated service palette, an office-building operator can be successful in the long term. We talked about rent levels, myhive and the overall market.

Mr. Hubert Abt managing director of Property Systems says, that the one who constantly is concerned about how long the business is going, shouldn’t start an enterprise. We also discussed the limits of growth, the transformation from Ltd. to a listed company and what makes design passionate. The starting point of the conversation is that a new center of NEW WORK Offices just opened, which is also the company's first location at Buda side.

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The real estate market’s largest and most complex professional office market portal in Hungary, which provides a comprehensive orientation to the office market participants, whether they are landlords, real estate agents, developers, facility management companies, media interested in the office market or individuals. The “green site” of our portal presents and publishes the office market events through the collection of the news, happenings and transactions. The details of the office buildings in our data base appear in tables and charts as well and thanks to this function our visitors have easy access to information such as: specific characteristics of a chosen city’s office market, total office area, available office space, average rental cost per district or per area. The “useful information” section provides further information about the terms and definitions of the office market, what kind of formulas and calculation methods are used by the landlords and real estate brokers to define common areas, how BOMA calculates and what is the methodology of GIF and RICS. The knowledge or lack of knowledge of these terms may result substantial loss of money for both the landlords and for the potential tenants.

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Interview

For the real estate professionals and for the ones interested in the real estate market events, news, happenings and trends of the office market are available on our portal. The office market news are coming directly from the owners, agencies, funds and from the asset / property managers which guarantee the precise and up-to-date office market information.